Square Enix released its financial earnings for the three months ended June 30, 2024, reporting a significant decrease in net sales compared to the previous fiscal quarter.
The publisher attributed the drop in its Digital Entertainment revenue – which encompasses its video games business – to a decline in sales of new titles in Q1 2025, including SaGa: Emerald Beyond and the Steam launch of the HD remastered collection of Kingdom Hearts.
Square Enix’s HD games subsection generated ¥12.3 billion ($83.8 million) in net sales compared to the ¥29 billion ($197 million) generated during the same period last year. Final Fantasy 16 and Final Fantasy Pixel Remaster were released during this time which bumped its revenue significantly.
